AIR SPONGE NORGE AS: årsregnskap 2010 vs 2009
Grew 117817% on revenue, slipped into loss, cash halved-plus
approved 2011-06-30; registry 2011-09-12; journal 2011 749407
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AIR SPONGE NORGE AS. Revenue 1 213 NOK → 1.43m NOK (+117817.2%). Net result +217.9k NOK → -5 831 NOK. Equity 2 170 NOK → 165.0k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIR SPONGE NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 213 NOK to 1.43m NOK (+117817.2% YoY). Calculated
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↑
Equity strengthened
Book equity 2 170 NOK → 165.0k NOK (equity ratio 0.4% → 49.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +299.6k NOK → +317 NOK (op. margin 24695.5% → 0.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 217.9k NOK profit to a loss of 5 831 NOK. Calculated
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↓
Cash fell
Bank deposits 415.8k NOK → 21.6k NOK (-94.8% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 587.9k NOK → 638.5k NOK (+8.6% YoY). Calculated